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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 469 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.📆 Why repay a loan on time? (a) to keep trust (b) it does not matter (c) to lose friends (d) to pay more interest
  2. 2.Which of these is reinvesting in the business? (a) buying a second juicer (b) a cinema ticket (c) a piggy bank for later (d) profit put in a bank
  3. 3.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  4. 4.A small family shop borrows ₹500 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) spending (c) reinvesting
  6. 6.Meera’s stall made a profit of ₹1100. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🏦 Interest on a loan is… (a) free money (b) a gift (c) the cost of borrowing (d) a discount
  8. 8.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  9. 9.Ananya’s stall made a profit of ₹400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  10. 10.Which of these is spending on yourself? (a) an emergency fund (b) a new video game (c) more seeds for next time (d) profit put in a bank
  11. 11.Joseph’s stall made a profit of ₹1400. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  12. 12.Vihaan’s stall made a profit of ₹1600. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  14. 14.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  15. 15.Which of these is saving? (a) sweets for yourself (b) a cinema ticket (c) profit put in a bank (d) better paint for cards
  16. 16.A small family shop borrows ₹900 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  17. 17.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  18. 18.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) take it secretly (c) borrow online alone (d) ask strangers
  19. 19.Which of these is saving? (a) more seeds for next time (b) buying a second juicer (c) sweets for yourself (d) an emergency fund
  20. 20.A small family shop borrows ₹1000 from a bank at 3% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  21. 21.A small family shop borrows ₹500 from a bank at 10% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.A small family shop borrows ₹300 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.Which of these is reinvesting in the business? (a) a cinema ticket (b) a piggy bank for later (c) sweets for yourself (d) better paint for cards
  24. 24.Vihaan’s stall made a profit of ₹500. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  25. 25.Rohan’s stall made a profit of ₹1500. Rohan saves 20% of it. How many rupees are saved?
  26. 26.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  27. 27.A small family shop borrows ₹600 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  28. 28.A small family shop borrows ₹500 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.Lakshmi’s stall made a profit of ₹1800. Lakshmi saves 25% of it. How many rupees are saved?
  30. 30.Which of these is spending on yourself? (a) more seeds for next time (b) profit put in a bank (c) sweets for yourself (d) better paint for cards
  31. 31.Vihaan’s stall made a profit of ₹600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  33. 33.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) saving (c) reinvesting
  34. 34.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) reinvesting (b) saving (c) spending
  35. 35.Riya’s stall made a profit of ₹1600. Riya saves 20% of it. How many rupees are saved?
  36. 36.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  37. 37.A small family shop borrows ₹1000 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  38. 38.💡 Before borrowing, what should you ask? (a) nothing (b) what is the logo? (c) can I pay it back? (d) how fast can I spend?
  39. 39.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much interest is due after 3 years (in ₹)?
  40. 40.A small family shop borrows ₹100 from a bank at 7% simple interest per year. How much must it pay back in all after 1 year (in ₹)?

Answer key

  1. to keep trust
  2. buying a second juicer
  3. putting profit back in
  4. 90
  5. spending
  6. 495
  7. the cost of borrowing
  8. saving
  9. 240
  10. a new video game
  11. 420
  12. 1120
  13. 104
  14. 81
  15. profit put in a bank
  16. 54
  17. reinvesting
  18. talk to parents
  19. an emergency fund
  20. 1060
  21. 650
  22. 324
  23. better paint for cards
  24. 300
  25. 300
  26. 48
  27. 54
  28. 520
  29. 450
  30. sweets for yourself
  31. 300
  32. for bad days and goals
  33. spending
  34. saving
  35. 320
  36. reinvesting
  37. 80
  38. can I pay it back?
  39. 15
  40. 107

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